The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose seven basis points to 4.32% in the latest week from 4.25% in the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields gained seven basis points to 4.02% from 3.95% in the prior week. It is at its highest level since Dec. 1 when it was at 4.03%.
The 11-Bond GO Index of higher-grade 20-year GO yields increased seven basis points to 3.53% from 3.46% in the previous week. It is at its highest level since it was at 3.58% 15 weeks ago.
The Bond Buyer's Revenue Bond Index was six basis points higher to 4.17% from 4.11% last week. It is at its highest level since Sept. 17, 2015 when it was at 4.18%.
The yield on the U.S. Treasury's 10-year note rose 11 basis points to 2.60% from 2.49%, while the yield on the Treasury's 30-year bond increased nine basis points to 3.18% from 3.09% in the prior week.
